Friday, August 7, 2009

Einstein's Definition of 'Ultimate Madness'

We all love famous quotes so we just want to share our favourite ones with you:

Albert Einstein's definition of "ultimate madness" is...

"Doing the same thing again and again hoping for different results"!

To avoid being labelled as "mad", we've always tried to apply this principle in our daily lives especially in our profession as a property investors and mentors. Unfortunately we all commit this cardinal sin now and again!

But when it comes to something as important as property investment, we can't help but wonder why so many investors, new are experienced, are still insisting on getting mortgages to buy properties when most lenders are refusing to lend.

Then they ask questions like:

"Why me? I have a perfect credit score!"

"I've never missed a mortgage payment!"

"The lending stopped after my 45th property!"

But yet, nothing's changed. They keep applying for mortgages and getting turned down. It's as if they can get a mortgage eventually if they apply hard enough!

It's a fact now. It doesn't matter if you're an experienced landlord or a property "newbie", applying for a mortgage is like applying for a place at Oxford or Cambridge! Even four grade "A"s in A-levels won't guarantee you a place.

Then we have down valuations, last minute mortgage withdrawals, rental not stacking ...need we go on?

So why fight system that will only hit you back harder?

Let's not be "mad"Juswant Rai but be "smart"! Click

here
NOW and we'll show you how to be a smart property investor!

Best regards,

Vincent & John

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